THE DOURIE FARMING COMPANY LIMITED

🌳Matureactive
SC030418 · ltd · incorporated 1954-11-26
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
year to Nov 2024
Net worth
£1.95M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -44% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 57.7y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 57.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,952,484
Cash draining
Cash down 44% YoY
Cash YoY
-44%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£273k
↓ 44% YoY
Net Worth
£2.0m
↑ 7.2% YoY
Current Assets
£3.2m
~ YoY
Current Liabilities
£0£649k£1.3m£1.9m£2.6m£3.2mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-282023-11-28
Total assets£5.75M£5.83M
Current assets£3.24M£3.22M
Cash£273.3k£490.2k
Debtors£521.2k£476.6k
Net assets£1.95M£1.82M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-08-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-11-06
    📄
    memorandum-articles
    incorporation · MA
  3. 2024-11-06
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2024-08-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-07-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-07-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-07-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2020-07-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2019-06-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2018-07-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2017-07-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2016-08-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2016-08-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2016-08-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2016-08-18
    BEGG, Robert Anderson appointed
    secretary
  16. 2016-08-18
    CHRISTIE, Rory resigned
    secretary
  17. 2016-01-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-12-14
    CHRISTIE, Robin Henry resigned
    director
  19. 2014-09-30
    CHRISTIE, Rory appointed
    secretary
  20. 2014-09-30
    HOUSTON, Jessie Mckay Aitken resigned
    secretary
  21. 2013-01-03
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  22. 2012-12-18
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  23. 2009-09-17
    CHRISTIE, Gregor Robin appointed
    director
  24. 2009-09-17
    CHRISTIE, Iain Thomson resigned
    director
  25. 2009-07-17
    CHRISTIE, Rory Henderson appointed
    director
  26. 2004-03-12
    CHRISTIE, Peter George resigned
    director
  27. 1997-02-24
    CHRISTIE, Henry Burns resigned
    director
  28. 1993-12-06
    HOUSTON, Jessie Mckay Aitken appointed
    secretary
  29. 1993-12-03
    STEWART, Elizabeth resigned
    secretary
  30. 1990-04-09
    CHRISTIE, Agnes Cumming resigned
    director
  31. 1968-08-19
    🔒
    Charge registered #1
    Lender: Friends' Provident and Century Life Office
  32. 1954-11-26
    🏢
    Company incorporated
    As THE DOURIE FARMING COMPANY LIMITED

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 71 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Dourie Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Dourie Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
THE DOURIE FARMING COMPANY LIMITED
This company · SC030418

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Dourie Holdings Limited
Corporate entity
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1954-11-26
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

Monreith Estate Office
Port William
Wigtownshire
DG8 9LB

Filing status

Accounts
Next due: 2026-08-28
Last made up to: 2024-11-28
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (3 active · 8 resigned)

BEGG, Robert Anderson
secretary · appointed 2016-08-18
View their other companies + combined net worth →
Active
CHRISTIE, Gregor Robin
director · ~49y · appointed 2009-09-17
View their other companies + combined net worth →
Active
CHRISTIE, Rory Henderson
director · ~52y · appointed 2009-07-17
View their other companies + combined net worth →
Active
CHRISTIE, Rory
secretary · appointed 2014-09-30 · resigned 2016-08-18
Resigned
HOUSTON, Jessie Mckay Aitken
secretary · appointed 1993-12-06 · resigned 2014-09-30
Resigned
STEWART, Elizabeth
secretary · resigned 1993-12-03
Resigned
CHRISTIE, Agnes Cumming
director · ~111y · resigned 1990-04-09
Resigned
CHRISTIE, Henry Burns
director · ~108y · resigned 1997-02-24
Resigned
CHRISTIE, Iain Thomson
director · ~80y · resigned 2009-09-17
Resigned
CHRISTIE, Peter George
director · ~76y · resigned 2004-03-12
Resigned
CHRISTIE, Robin Henry
director · ~83y · resigned 2015-12-14
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property03/01/2013
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property18/12/2012
outstanding
Friends' Provident and Century Life Office
Bond & disposition in security1 property19/08/1968
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-small
accounts · AA
2025-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
memorandum-articles
incorporation · MA
2024-11-06
resolution
resolution · RESOLUTIONS
2024-11-06
accounts-with-accounts-type-small
accounts · AA
2024-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04
accounts-with-accounts-type-small
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-14
accounts-with-accounts-type-small
accounts · AA
2022-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-13
accounts-with-accounts-type-small
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-19
accounts-with-accounts-type-small
accounts · AA
2020-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-15